Saving and Investing

Get a complete picture of your options.

There are many different ways to save and invest for a child’s college education. Each approach can help you make significant strides in reaching your college savings goals. Any amount you’re able to set aside can help reduce your reliance on loans or financial aid.

To get a complete picture of your options, consider all of the college savings plans and investment accounts that are available to you. The following articles will help you decide on the right approach for your situation.

FAST FACTS

  • About 51% of parents start saving for college at or about a child’s birth.
  • 54% of parents have saved less than $5,000 per child towards college education (as of 2007).
  • More than $130 billion has been invested in 529 plans across the country (as of December 31, 2007).
  • About 30% of parents have invested in 529 College Savings Plans.
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Investing in a 529 College Savings Plan

Investing in a 529 College Savings Plan

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Jean Chatzky


Personal Finance Expert

Q: What’s the most common mistake that people make in saving for college? See Answer
 
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